Team Members Profile

Bradley J. Schafer

Chairman, Chief Executive Officer

EMAIL: bschafer@sr-re.com DIRECT DIAL: 612.359.5840 Bradley J. Schafer serves as Chairman and Chief Executive Officer. Mr. Schafer is a Founding Principal of Schafer Richardson and has over 35 years of commercial real estate experience. Mr. Schafer focuses on strategic planning, real estate investment strategies and capital formation. He is a member of the National Association of Realtors, the Minneapolis Association of Realtors, and the Urban Land Institute.

Steven G. Norcutt

Director, President, Chief Operating Officer

EMAIL: snorcutt@sr-re.com DIRECT DIAL: 612.359.5859 Steven G. Norcutt serves as Director, President and Chief Operating Officer of the company. Mr. Norcutt joined Schafer Richardson in 2009 as Principal, President and Chief Operating Officer. Mr. Norcutt has over 30 years of experience in financial management, portfolio management and mortgage origination. Prior to joining Schafer Richardson, Mr. Norcutt served as Senior Vice President/Portfolio Manager of Structured Finance with ReliaStar (ING) for over 13 years. Mr. Norcutt serves on the Board of Directors of a NASDAQ member firm, New York Mortgage Trust (NYMT). With NYMT he chairs the Investment Committee and serves on the Audit Committee. Mr. Norcutt is a member of the Urban Land Institute, National Association of Office and Industrial Properties, Sensible Land Use Coalition, and the Mortgage Bankers Association.

N. Christoper (Kit) Richardson

Director, Secretary

EMAIL: krichardson@sr-re.com DIRECT DIAL: 612.359.5841 N. Christopher (Kit) Richardson serves as Director and Secretary of the company. Mr. Richardson is a Founding Principal of Schafer Richardson and a licensed Architect with over 44 years of experience in commercial real estate, real estate development, and architecture. Prior to forming Schafer Richardson, he was Vice President with Griffin Real Estate Company as an investment and land sales specialist for eight years. Prior to that, Mr. Richardson co-founded Architectural Associates, Inc., a Minneapolis based design firm with a focus on commercial interiors, in-fill urban projects, and historic preservation. He began his architectural career in the office of Ralph Rapson & Associates, having been a graduate program teaching assistant under Mr. Rapson at the University of Minnesota. He is a member of the American Institute of Architects, Urban Land Institute, the Sensible Land Use Coalition, Lambda Alpha Minnesota, and the Minneapolis Park and Recreation Board’s Tree Advisory Commission.

Peter Bell | SR Realty Trust
Peter Bell

Director

Peter Bell is the former Chair of the Metropolitan Council, which is a cabinet-level position appointed by the Governor. Prior to his position at the Metropolitan Council, Peter was executive vice president of Publishing & Educational Services (PES) at the Hazelden Foundation in Center City, Minnesota. Before joining Hazelden, Peter was the cofounder and, for 15 years, executive director of the Institute on Black Chemical Abuse. He was appointed to serve on a commission to the White House Conference on a Drug-Free America. He has written numerous books on chemical dependence, and for his pioneering effort, was named ABC Evening News Person of the Week in 1989. In addition to his work in chemical dependence, Peter served for five years as executive vice president of corporate community relations of TCF Financial Corporation. Peter has or currently serves on the board of directors of numerous local and national social, civic and business organizations, including TCF Bank, The Citizens League, Center of the American Experiment, CommonBond, TCRISE!, and was a founding member and chair of the Center for New Black Leadership, based in Washington, D.C. Peter was appointed to the Board of Regents for the University of Minnesota in the fall of 2002. He was also appointed to the transition teams for both Governor Ventura, Governor Pawlenty and Mayor Hodges. Peter appears frequently on the editorial pages of the Star Tribune, provides commentary for Almanac, a statewide public affairs television program and often provides political and social commentary for MPR.

Jim Hansen | SR Realty Trust
James W. Hansen

Director

Jim Hansen has been President of Hill-Murray High School since 2015. Prior to joining Hill Murray he was Chairman of the Board of JAMF Holdings and Reliable Property Services. Mr. Hansen was formerly Chairman and CEO of a publicly traded technology company, President of a privately held medical services company, Senior Vice President of Washington Square Capital; Vice President of the Apache Corporation; and a Management Consultant. Jim has been a strong supporter and contributor to civic and non-profit organizations. He has served as Chairman for the Freshwater Foundation, President of the St. Paul Jaycees, a member of the Young Presidents Organization (YPO), a board member on the St. Paul Chamber of Commerce and Solid Ground Shelter as well as the Mahtomedi School Board. He also served as lead director on two publicly traded and two private companies in technology. Jim has been recognized as a Distinguished Alumni of the Year by the University of Minnesota and taught at the University of St. Thomas. Jim holds a BA in Physiology and a BS in Physics; both from the University of Minnesota, as well as an MBA from the University of St. Thomas.

David Smith | SR Realty Trust
David W. Smith

Director

Dave Smith invested in Buddy’s Kitchen, Inc. in September 2007 and became its CEO at that time. After a decade of rapid growth, Buddy’s was sold in late 2017 to a publicly-traded Canadian food company, with Dave remaining as its CEO. Prior to Buddy’s, Dave led Mark VII Equipment as CEO and was a founding manager of Nationwide Electric - both private equity-backed firms that concluded with successful exits. Earlier in his career, Dave led companies in the manufacturing and commercial real estate industries. Dave earned his MBA at Harvard and his BA at Macalester College. He has been married to Lisa for 34 years, has three grown children, and works diligently at staying young at heart.

Jeff Wright | SR Realty Trust
Jeff Wright

Director

Jeff Wright runs a business advisory practice that focuses on strategic financial consulting. In addition to SR Realty Trust, he currently serves on the board of directors of Hawkins, Inc., Lube-Tech, LLC, and E. A. Sween Co. Previously, he was EVP and CFO for 16 years at G&K Services, Inc., a $900 million publicly-traded work apparel and facility management services company. In addition to oversight of all financial aspects of G&K, at various times he managed the Information Technology and Human Resources functions, and also ran the Direct Sales and Cleanroom operating divisions. He played a lead role in negotiating and integrating over 40 acquisitions. During the last 5 years of his tenure, he also served on G&K’s board of directors. Prior to G&K, he was an executive with BMC Industries, Inc., Employee Benefit Plans, Inc. and Arthur Andersen LLP. Jeff is a graduate of the University of St. Thomas. Jeff is also active in the community, previously serving on the board of directors of the Greater Twin Cities United Way and was Chair of the Audit Committee. He also served as President of the G&K Services Foundation and was Chairman of the Textile Rental Services Association. Jeff has been married to his spouse Sheri for over 30 years and they have three adult children.

Gregory J. Springer

Treasurer

EMAIL: gspringer@sr-re.com DIRECT DIAL: 612.305.7081 Gregory J. Springer serves as the Company’s Chief Financial Officer and Treasurer. Mr. Springer joined Schafer Richardson in 2014 and oversees the financial and administrative aspects of the business. His responsibilities at Schafer Richardson include accounting, planning, treasury, risk management, human resources, employee benefits, technology and transaction processing. Before joining Schafer Richardson, Mr. Springer served as the Chief Financial Officer of a privately-held distributor of mid-range computer solutions, and previously held senior financial positions at United Health Group and Arthur Andersen LLP. Mr. Springer has developed an expertise in a broad array of financial and operational activities with a strong orientation to effective business processes, policies and controls. He is a licensed Certified Public Accountant (inactive) and has extensive experience in public reporting, acquisitions and integrations, and banking relationships.

Evan C. Richardson

Senior Vice President - Investments

EMAIL: erichardson@sr-re.com DIRECT DIAL: 612-359-5849 Evan C. Richardson currently serves as Senior Vice President – Investments of SR Realty Trust. Mr. Richardson joined SR Realty Trust’s parent company, Schafer Richardson, in 2013 to lead the company’s efforts to structure and capitalize new initiatives, investment funds, single-asset partnerships and joint venture activities. Today, Mr. Richardson is responsible for all acquisitions and capital markets activities within SR Realty Trust. Prior to joining Schafer Richardson, Evan was a member of the Capital Markets Group at Cushman & Wakefield (formerly NorthMarq). During his tenure, the Capital Markets Group listed, sold, or consulted on more than nine million square feet of commercial real estate representing approximately three quarters of a billion dollars of aggregate value. Mr. Richardson is a member of the National Association of Office and Industrial Properties.

Thomas M. Mott

Vice President, Asset Management

EMAIL: tmott@sr-re.com DIRECT DIAL: 612.359.5844 Thomas M. Mott joined Schafer Richardson as Vice President, Asset Management in 2020. He is responsible for the financial and strategic goals of SR Realty Trust and affiliated Schafer Richardson properties. Tom has over 25 years of experience in commercial property and asset management. Prior to joining Schafer Richardson, Tom served as Vice President, Asset Management for nine years. He has been instrumental in the acquisition, repositioning and disposition of a variety of property types both locally and nationally. Tom holds a Bachelor of Science degree in Finance and Management from Minnesota State University (formerly Mankato State University) and Master of Science from Boston University. He is actively involved in NAIOP and volunteers as a coach.

Laura J. Hanneman

Investor Services Manager

EMAIL: lhanneman@sr-re.com DIRECT DIAL: 612.305.7083 Laura J. Hanneman joined Schafer Richardson and SR Realty Trust in 2018 as a member of the Capital Markets team and is the Investor Services Manager. In this role, Laura works on all aspects of the Company’s investor relations, equity sales, and marketing efforts. Most recently, Laura was a part of the Minneapolis Multi-Family Investment Sales team at CBRE. She brings nearly two decades of commercial real estate experience and involvement in over four billion dollars of investment sales to Schafer Richardson and SR Realty Trust. Laura holds a Bachelor of Science degree in Marketing and Management from St. Catherine University. She has her Minnesota real estate sales person license and is a member of Team Women.

Shanna L. Strowbridge

General Counsel

EMAIL: sstrowbridge@sr-re.com DIRECT DIAL: 612.314.1697 Shanna Strowbridge serves as General Counsel for Schafer Richardson and SR Realty Trust. Shanna has nearly twenty years of experience in commercial real estate transactions and leasing matters in both the private practice and in-house counsel settings. She represents our development and acquisition teams in the purchase, sale, development, financing and structuring of master-planned communities and projects. She enjoys working in-house where her business perspective and acumen can be used to identify, understand and assist in resolving the company’s legal and business concerns, as well as provide advisory services to the organizations’ Board of Directors. Her extensive experience within the Twin Cities real estate industry is a valued asset to Schafer Richardson as is her expertise in handling entitlement of projects, property management matters and drafting construction contracts. Shanna received her Bachelor of Arts and Juris Doctorate from the University of Minnesota-Twin Cities.

Anna Scheetz, CCIM

Senior Asset Manager

EMAIL: ascheetz@sr-re.com DIRECT DIAL: 612.314.1594 Anna Scheetz joined the Schafer Richardson team in June 2020. As the Senior Asset Manager, Anna is responsible for executing the overall asset management strategy of SR Realty Trust and affiliated Schafer Richardson entities.  Anna has been working in commercial real estate since 2011 and brings experience managing all types of real estate including office, industrial, multifamily and senior housing. Most recently, Anna was the Vice President in Asset Management at Wildamere Capital Management and has held roles at The RMR Group and Welsh Companies/Colliers International. Anna received a Bachelor of Arts degree from Luther College. She is an active member of BOMA Greater Minneapolis, CCIM Minnesota/Dakotas chapter, and NAIOP and has held board positions with BOMA and CCIM. Anna has her MN real estate salesperson license and completed her CCIM designation in 2019.

Dan K. Ruehl

Acquisitions Manager

EMAIL: druehl@sr-re.com DIRECT DIAL: 612.359.5857 Dan K. Ruehl joined Schafer Richardson in July 2018 and serves as the Acquisitions Manager for SR Realty Trust. He is responsible for finding, underwriting, due diligence and closing the acquisition of properties, along with reporting functions for SR Realty Trust. Prior to joining Schafer Richardson, Dan was a Real Estate Manager with CBRE where he managed over 2 million square feet of retail, office and industrial real estate and did site inspections on another 5 million square feet of big box retail spaces. Dan earned two Bachelor of Art degrees in Accounting/Finance and Business Administration from Saint John’s University. He is a member of the National Association of Office and Industrial Properties (NAIOP) and Minnesota Real Estate Exchangers (MREE).

Benjamin J. Christianson

Senior Financial Analyst

EMAIL: bchristianson@sr-re.com DIRECT DIAL: 612.314.1595 As a Senior Financial Analyst, Benjamin J. Christianson is responsible for creating and maintaining the company’s corporate financial models for the purpose of synthesizing data to establish a streamlined analytic foundation. He collaborates with multiple departments to deliver the highest-quality and most accurate information to internal and external constituents. Prior to joining Schafer Richardson, Ben worked as an Acquisitions Manager for TS REIS, a boutique real estate investment service company located in the Greater Omaha, Nebraska area. While a part of TS REIS, he was the lead of all acquisition and disposition activity across Iowa, Kansas, Nebraska, and South Dakota, while overseeing asset on-boarding and management of properties acquired. Ben earned his Bachelor of Science degree in Business Administration, with an emphasis in Financial Analysis, from Creighton University.